On-chain data is telling a story that retail investors cannot see


Exchange $BTC reserves have dropped to 2.21 million, the lowest in seven years
Net outflow of 48,200 BTC in the past 30 days
Whale addresses net bought 270,000 BTC, the largest monthly purchase since 2013
Addresses holding more than 1,000 BTC increased from 2,082 to 2,140
$ETH follows the same script
Whales purchased 1.29 million ETH in two weeks
The amount of ETH deposited in DeFi reached a new high of 25.3 million
68% of the on-chain TVL and 64% of stablecoin issuance is still on Ethereum
Retail investors are selling in fear while whales are hoarding in fear
Funds are flowing from weak hands to strong hands
Every time this pattern appears, it is followed by a violent market
The only difference is the direction#GatePreIPOsLaunchesWithSpaceX
BTC4.73%
ETH5.4%
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